Stone Harbor Emerging Markets Income Fnd (EDF) Announces Monthly Dividend of $0.18
Stone Harbor Emerging Markets Income Fnd (NYSE:EDF) announced a monthly dividend on Thursday, July 20th, Wall Street Journal reports. Shareholders of record on Monday, September 18th will be paid a dividend of 0.18 per share on Thursday, September 28th. This represents a $2.16 annualized dividend and a yield of 13.27%. The ex-dividend date of this dividend is Friday, September 15th.
Shares of Stone Harbor Emerging Markets Income Fnd (NYSE EDF) traded up 0.37% during mid-day trading on Thursday, reaching $16.28. 99,795 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $16.36 and its 200-day moving average price is $16.02. Stone Harbor Emerging Markets Income Fnd has a 12-month low of $13.35 and a 12-month high of $17.14.
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Stone Harbor Emerging Markets Income Fnd Company Profile
Stone Harbor Emerging Markets Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to maximize total return, which consists of income on its investments and capital appreciation. The Fund will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in emerging markets securities, including fixed income securities and other instruments (including derivatives) that are economically tied to emerging market countries.
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